DPIIT to set up task force to increase e-tail exports
This comes at a time when Amazon recently announced its Indian sellers have sold goods worth $1 billion in overseas markets in the last three and a half years.
Tier-II ecommerce faces existential crisis: Expiry date near, small etailers clutch at straws
Companies shutting shop, pivoting their busines...
Craftsvilla rejigs business plan to get back on the ramp
The startup launched Jharokha.com, an online retail portal dedicated to handicrafts ...
Chinese fashion e-tailers see increased demand from Indians
In the past few months, online retailers based in China like SheIn, Club Factory and Alibaba’s Ali Express are estimated to be racking up as many as 10,000-15,000 orders daily on an average.
Fashion e-tailer Voonik asks staff to forgo 3 months’ salary
The affected workforce is largely in product development and customer support, while the operations team won’t be a part of this move, at least for now.
Lendingkart partners with Craftsvilla for loans to sellers
Mumbai-based Craftsvilla has recently launched 'seller financing' program which has been providing a financing aid platform to their sellers.
Ethnic online marketplace Craftsvilla is looking to scale up its food business
But the company is not looking to raise more funds to expand its food and handicrafts businesses despite the lean timeline for doing so.
Path to profitability dominates Indian startups as profitable exits become more frequent
A flush of financing has convinced investors and entrepreneurs that the tide may finally be turning.
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